Senate Democrats debt timeline close to deadline

Reuters News
Posted: Jul 29, 2011 12:19 PM
Senate Democrats debt timeline close to deadline

WASHINGTON (Reuters) - Senate Democrats are trying to propose a compromise debt limit increase bill that would likely not come to a final vote in the Senate until midday on Tuesday, under one possible scenario, a Senate aide said on Friday.

The aide said under the possible Senate timeline, the House of Representatives would have to sign off on the compromise once it is passed by the Senate.

The aide said the Senate bill would have to pass a series of procedural votes over the weekend and on Monday before it can come up for final vote on Tuesday around 1 p.m.

This timeline takes into account procedural delays that Democrats in the Senate expect Republicans to employ. It also assumes that the talks Reid wants to hold with Senate Minority Leader Mitch McConnell on a compromise are successful on Friday, allowing Democrats to start moving legislation by day's end.

(Reporting by Richard Cowan; editing by Philip Barbara)